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JiaChen Holding Group (HKSE:01937) ROE % : 5.62% (As of Jun. 2024)


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What is JiaChen Holding Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JiaChen Holding Group's annualized net income for the quarter that ended in Jun. 2024 was HK$19.3 Mil. JiaChen Holding Group's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$343.0 Mil. Therefore, JiaChen Holding Group's annualized ROE % for the quarter that ended in Jun. 2024 was 5.62%.

The historical rank and industry rank for JiaChen Holding Group's ROE % or its related term are showing as below:

HKSE:01937' s ROE % Range Over the Past 10 Years
Min: 0.35   Med: 10.38   Max: 19.03
Current: 3.74

During the past 8 years, JiaChen Holding Group's highest ROE % was 19.03%. The lowest was 0.35%. And the median was 10.38%.

HKSE:01937's ROE % is ranked worse than
62.13% of 1677 companies
in the Construction industry
Industry Median: 6.53 vs HKSE:01937: 3.74

JiaChen Holding Group ROE % Historical Data

The historical data trend for JiaChen Holding Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JiaChen Holding Group ROE % Chart

JiaChen Holding Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 11.94 0.35 8.81 3.40 1.89

JiaChen Holding Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.38 2.57 1.96 1.83 5.62

Competitive Comparison of JiaChen Holding Group's ROE %

For the Building Products & Equipment subindustry, JiaChen Holding Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JiaChen Holding Group's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, JiaChen Holding Group's ROE % distribution charts can be found below:

* The bar in red indicates where JiaChen Holding Group's ROE % falls into.



JiaChen Holding Group ROE % Calculation

JiaChen Holding Group's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=6.442/( (341.422+340.852)/ 2 )
=6.442/341.137
=1.89 %

JiaChen Holding Group's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=19.288/( (340.852+345.125)/ 2 )
=19.288/342.9885
=5.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


JiaChen Holding Group  (HKSE:01937) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=19.288/342.9885
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.288 / 234.072)*(234.072 / 519.2545)*(519.2545 / 342.9885)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.24 %*0.4508*1.5139
=ROA %*Equity Multiplier
=3.71 %*1.5139
=5.62 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=19.288/342.9885
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (19.288 / 25.964) * (25.964 / 29.92) * (29.92 / 234.072) * (234.072 / 519.2545) * (519.2545 / 342.9885)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7429 * 0.8678 * 12.78 % * 0.4508 * 1.5139
=5.62 %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


JiaChen Holding Group ROE % Related Terms

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JiaChen Holding Group Business Description

Traded in Other Exchanges
N/A
Address
No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN
JiaChen Holding Group Ltd is engaged in the manufacturing and sales of access flooring products and provides related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. The geographical presence of the company is in Hong Kong, PRC, and Other countries and regions. It generates the majority of its revenue from the PRC.
Executives
Shen Min 2201 Interest of corporation controlled by you
Zhang Yaying 2202 Interest of your spouse
Global Yunhong Group Limited 2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Liu Hui 2202 Interest of your spouse
Shen Minghui 2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si 2101 Beneficial owner

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